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20130211
20130219
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the current minimum wage that the fed, federal government outlines has higher unemployment than those states with lower minimum wage. look, it's simple economics, something which this current administration doesn't understand. when you raise the cost of labor, you have a surplus of labor, that's true in comments, stocks, whatever. when you have a surplus of labor, what do you have, brenda? you have higher unemployment and simple as that, this administration doesn't understand. >> so what do you think of that, caroline, would this help or hurt unemployment if we just got rid of the minimum wage? >> well, i think that would be a terrible idea and i disagree with gary b. actually those studies have experienced-- that's a relationship, other variables causing those differences because two decades of rigorous research indicate he when you do it in a planful way and mild way and raise the minimum wage that it has a positive efft on the local economy. positive effects in terms of lower training costs and turnover and less lost time at work and dedicated employees, so small businesses, mid size and
Search Results 0 to 3 of about 4 (some duplicates have been removed)